Reuters reports, citing sources familiar with the matter
For some context, so the headline pertains to that. I wouldn’t doubt that they would leave the door open to extend cuts into next year, but any firm decision will only be made at next month’s meeting.

Trading has resumed as of 1015 GMT, according to Euronext
The exchange earlier , but it appears that has now been resolved and trading has now resumed for all instruments.

EU vice president of interinstitutional relations, Maroš Šefčovič, remarks
– We will focus on achieving a good agreement
– Ready to work until the last minute to get a good agreement for both sides
Some token remarks by Šefčovič, as the EU mainly wants to communicate that they are ready to head back to the negotiating table this week. But

Comments by ECB governing council member, Robert Holzmann
– But more easing may be necessary if crisis worsens
Holzmann is playing down any action ahead of the policy meeting on 29 October. This just mainly reaffirms their current wait-and-see approach, so carry on as you will.

Forex news for North American trade on October 16, 2020:
Markets:
– Gold down $9 to $1899
– US 10-year yields up 1.3 bps to 0.745%
– S&P 500 flat at 3483
There were some big headlines on Brexit and US retail sales today but the market was lackluster. The retail sales report led to a quick bid in USD/JPY

Moody’s cuts the United Kingdom
This isn’t entirely unexpected but you hate to see it. Fitch recently affirmed the UK at AA-, which is the equivalent of Aa3. S&P remains one notch higher at AA but it’s under review.

Closing changes for Friday:
On the week:
If you like doji stars just below the highs, then that S&P 500 chart is for you.

Weekly FX positioning data for the week ending October 13, 2020:
The euro net has fallen from a record as concern grows about the coronavirus resurgence in Europe.

Citi flags asymmetric risk/reward in CHF this month
Citi flags a scope for Switzerland to be named a currency manipulator by the US  by US Treasury in October. 

EU president, von der Leyen, offers her response to Boris Johnson
The EU continues to work for a deal, but not at any price.

As planned, our negotiation team will go to London next week to intensify these negotiations.
Well, it seems like this is all turning out to be another round of Brexit posturing.